Trayvon Martin's parents have settled a wrongful death claim, reportedly for more than $1 million, against the Florida homeowners association where their son was killed.

[snip]

Under the terms of the settlement, Trayvon's parents, Sybrina Fulton and Tracy Martin, agreed to drop their wrongful death claim as well as claims for pain and suffering, loss of earnings and expenses.

Probably a bargain for society. Think of how much a budding thug like little travomn would have cost us? How many robberies,rapes, are murders would he have commited after killing zimmerman? Eventually the law would have caught up. How much would we have paid for a public defender, endless appeals and all the prison housing costs? In the end trayvon would have become a Muslim in prison. One day,not too far off, Holder would grant black muslim prisoners blanket amnesty to be let out and kill all the whiteys he could. So a million is a bargain.

Sounds like an insurance company decision to settle for policy limits.

They often decide to settle rather than take the chance on an unfavorable verdict. If there's a history of high jury verdicts in the county, plus the notoriety of the case, it's a good business decision.

Plus, in many states (I don't know about FL specifically) if a plaintiff's lawyer makes a demand and the insurer does not settle, and the verdict comes in for more than the demand, the insurer is on the hook for the entire amount plus attorney fees and costs.

I have been thinking that since November. This country had the opportunity to hire a CEO that would have worked really hard to put us back on the road to prosperity. Instead we have the First Thug bringing us to bankruptcy and lying and smiling all the way there. Such a pity for the former greatest country on earth.

18
posted on 04/05/2013 5:51:18 PM PDT
by originalbuckeye
(Never yield to force; never yield to the apparently overwhelming might of the enemy)

Zimmerman wasn't sued in this case. The defendant was the homeowners' association.

Knowing how these things work, I'd say the association's insurance carrier simply put a pencil to paper and figured out how much it would cost to defend the association in the lawsuit -- and then just settled out of court.

Sorry, but if someone is trying to cause death or serious injury to you, and you kill that person in self-defense, it’s not wrongful death. The homeowner’s association whimped out. And now shootings in self defense will be followed by lawsuits. Oh well, I guess it’s better to be sued than to be dead.

33
posted on 04/05/2013 6:20:30 PM PDT
by popdonnelly
(The right to self-defense is older than the Constitution.)

“They often decide to settle rather than take the chance on an unfavorable verdict.”

If there was a settlement it contained a confidentiality agreement. That’s why there hasn’t been anything published about how much the settlement was for. Hell, it could have been for $10...or $10 million. But my suspicion is any settlement would have been much closer to the former than to the latter.

34
posted on 04/05/2013 6:20:30 PM PDT
by ought-six
( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)

The amount in the settlement is not known, and supposedly not to be made public by any involved party. This is a Crump “avoid the appeal of the denial of a court ordered deposition” move. Well, I guess the entire shakedown operation had to hurry up and happen before the opportunity for reparations from deep pockets was lost.

George Zimmerman shot and killed Trayvon Martin. That's a fact, and not disputed by anyone.

Am I alone in wondering what justice was served by this settlement? Zimmerman isn't personally paying for it. We don't know if it was murder, or justifiable self-defense yet.

35
posted on 04/05/2013 6:21:46 PM PDT
by sarasmom
(The obvious takes longer to discover for the obtuse.)

Here in Texas, yes. If the grand jury finds the shooting justified, there won’t be a civil suit.
Of all the crap I’ve read in the last few weeks, this is the most disgusting. It truly is time for a civil war.These people have been awarded money because their son was an attemted murderer.How much more slap in the face are we supposed to take? I’m not going to sleep well tonite.

36
posted on 04/05/2013 6:22:02 PM PDT
by Quickgun
(I got here kicking,screaming and covered in someone else's blood. I can go out that way if I have to)

Your comment is offensive. While I believe Zimmerman is getting a raw deal, Trayvon is dead and doesn’t believe to be called names like that.

A person’s life is valued around future earnings. 20-30 yrs at 40-50k is around $1M. The insurance company didn’t want a $10-20M award (and don’t forget the legal hours the case would eat) and settled for the lowest amount if they lost.

The lawyer fee is agreed to before hand. And each state has different max. FLorida:

· If the case is concluded at any point after the filing of an answer or demand for appointment of arbitrators or, if no answer is filed or no demand for appointment of arbitrators is made, the expiration of the time period provided for such action, through the entry of judgment, the maximum fee is 40 percent of any recovery up to $1 million.

· In addition to the above fee, if you and your attorney settle your case for an amount between $1 million and $2 million, or if you win at trial and your recovery is between $1 and $2 million, the fee is 30 percent of the recovery between $1 million and $2 million.

Sounds like an insurance company decision to settle for policy limits. They often decide to settle rather than take the chance on an unfavorable verdict. If there's a history of high jury verdicts in the county, plus the notoriety of the case, it's a good business decision.

Plus, in many states (I don't know about FL specifically) if a plaintiff's lawyer makes a demand and the insurer does not settle, and the verdict comes in for more than the demand, the insurer is on the hook for the entire amount plus attorney fees and costs.

So yeah, it's a good business decision.

Not so much, The weaselly insurance company actually tried to weasel out of paying anything

Fulton made an insurance claim against Traveler's for about $75,000, reports The Washington Post. The insurance company had a policy with the homeowners' association at the Retreat at Twin Lakes in Sanford, Fla., where Trayvon Martin was killed, agreeing to cover the costs of certain injuries.

But instead of paying out Fulton's claim, Traveler's filed a lawsuit against Fulton so that a court would step in and clarify just what damages it owes, if any

~~~

By filing the lawsuit against Sybrina Fulton, Traveler's is seeking a declaratory judgment from a judge. Generally, a declaratory judgment differs from other judicial rulings in that it does not require that any action be taken. Instead, the judge simply issues an opinion declaring the rights of each of the parties involved after analyzing the controversy. It should be noted, however, that a declaratory judgment is conclusive and legally binding. Traveler's Insurance Company basically sued Trayvon Martin's mom first, before she had a chance bring a lawsuit against the company. The judge's declaratory judgment will determine just what rights Sybrina Fulton has to recover damages from the insurance company.

That will be one million, thank you. \=

44
posted on 04/05/2013 7:38:14 PM PDT
by Oztrich Boy
(I think, therefore I am what I yam, and that's all I yam - "Popeye" Descartes)

The condo association just rewarded these two degenerates for raising an ignorant criminal. Their baby boy was worthless to them when he was alive. This payout was the only thing they were after. I can see them giving each other a high five and chest bumping in celebration. They’re disgusting.

45
posted on 04/05/2013 7:38:40 PM PDT
by peeps36
(America is being destroyed by filthy traitors in the political establishment)

"The association's insurer, Travelers Casualty and Surety Co. of America, filed suit in federal court in August, asking a judge to clarify its liability in the case, but that suit was dropped in November.

"Travelers is not a party to the settlement," the company said in a prepared statement. "The settlement would have been with other insurers of the homeowners association and/or the property managers."

The policy had a $1 million limit, according to federal-court records, and went into effect March 30, 2012, a few weeks after Trayvon was shot. Trayvon's mother filed a claim with the insurer after it went into effect, according to federal-court records."

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